Bengal Commercial Bank and Credit Rating Information & Services recently signed an agreement at the bank’s head office in Dhaka for the bank’s credit rating

Eastern Bank has recently signed an agreement with Asian Development Bank (ADB) under a trade finance programme.

Bangladesh’s foreign exchange reserve today hit a record high of $48 billion after managing a financial support from the International Monetary Fund (IMF).

IPDC Finance has introduced an emergency loan service to provide financial support for the treatment of Covid-19 patients.

Mercantile Bank Securities has recently witnessed the reelection of its chairman and vice-chairman at its 59th board meeting.

The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.

The Bangladesh Bank today said non-bank financial institutions would not be able to show their fixed deposit receipts (FDRs) as statutory liquidity ratio if they took loans against the funds.

Islami Bank Bangladesh Limited (IBBL) has launched Shari’ah based dual currency Mastercard Titanium, gold debit, world and gold credit and prepaid cards in Bangladesh.

Banks and non-bank financial institutions (NBFIs) should make their data available for clients so that they can verify the actual performance of every lender, analysts said yesterday.

The 9 per cent and 6 per cent interest rates fixed respectively for lending and deposits have helped banks in improving their health, Finance Minister AHM Mustafa Kamal said yesterday.

Default loans in Bangladesh surged in the first half of 2021 as borrowers struggle to pay back due to the business slowdown caused by the coronavirus pandemic.

The health of the bank has improved for raising the interest rates to 9 per cent and 6 per cent respectively for lending and deposits, Finance Minister AHM Mustafa Kamal said today.

Banks and non-bank financial institutions (NBFIs) should make their data available for clients such that they can verify the performance of every lender, analysts said today.

Prime Bank has been named “Bangladesh Domestic Cash Management Bank of the Year 2021” by Singapore-based the Asian Banking & Finance Magazine. 

The central bank yesterday asked banks to raise their core capital ratio to 3.25 per cent in 2023 after they failed to put in place enough shareholders’ equity and reserves in line with international standards to absorb unexpected shocks.

The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that the militants will get quick access to most of the Afghan central bank’s roughly $10 billion in assets. 

The Bangladesh Bank yesterday asked non-bank financial institutions to release approved loans to bank accounts owned by genuine borrowers.

Bangladesh Bank yesterday declared a cash incentive on dedicated small and medium enterprise (SME) loan programmes for female entrepreneurs.

Standard Chartered has announced to launch the second phase of re-skilling and employment reintegration programme in partnership with UCEP for those who have lost their livelihoods due to the Covid-19 fallout.

Al-Arafah Islami Bank has recently witnessed the reelection of its risk management committee chairman.